News

Economic and housing data continue to describe a modest recovery for housing that will lead to higher levels of construction activity in the years ahead. While some recent information illustrates that there will be ups and downs along the way, current fundamentals indicate rising demand and insufficient housing inventory.

Mortgage interest rates have risen, but thus far there is no evidence to suggest that these increases have changed the overall improving trend for housing. Qualifying for a mortgage, including accumulating the ...

New construction starts are forecast to rise 6% this year to $506 billion, according to the Midyear Update to the 2013 Construction Outlook from McGraw Hill Construction. This is the same rate of increase for total construction starts that was predicted last October, and follows the 8% gain that took place in 2012.

“The recovery for construction continues to unfold in a selective manner, proceeding against the backdrop of the sluggish U.S. economy,” stated Robert A. Murray, vice president of ...

Mark your calendars to attend the 2013 21st Century Building Expo & Conference to be held at the Charlotte Convention Center September 17-19, 2013.

Bonded Builders Warranty Group will be there again this year. Be sure to visit us at Booth 425 on the tradeshow floor.

The 21CBEC is the premier tradeshow for the residential construction industry in the Southeast. The two-day Expo Floor, open Sept. 18-19, will feature the latest building products for the home building industry. In addition, the three ...

According to Freddie Mac, the average interest rate on a 30-year fixed rate mortgage rose by 8 basis points over the week to 4.39%. Since the beginning of the year, mortgage rates have risen by about 1 percentage point and are now at a level last seen in August 2011.

The rapid rise in mortgage interest rates could affect housing affordability through higher monthly mortgage payments. However, monthly mortgage payments are not the only path by which rising interest ...

The Southeast Building Conference is scheduled for July 11-13, 2013 at the Orange County Convention Center in Orlando, Florida.

Bonded Builders Warranty Group will be there again this year. Stop by and see us at Booth 620.

SEBC is the largest regional builder trade show in the Southeast attracting well over 3,500 builders and remodelers. This years show will feature the latest in building products and services that will help your business ...

The Conference Board Consumer Confidence Index®, which had improved in May, increased again in June. The Index now stands at 81.4, up from 74.3 in May. The Present Situation Index increased to 69.2 from 64.8. The Expectations Index improved to 89.5 from 80.6 last month.

The monthly Consumer Confidence Survey, based on a probability-design random sample, is conducted for The Conference Board by Nielsen, a leading global provider of information and analytics around what consumers buy and watch. The cutoff ...

DuPont Building Innovations has joined the Power Matters Alliance and is working with other PMA members on wireless charging solutions for smartphones and tablets that can be effectively integrated into worktops made with DuPont’s Corian solid surface.

“The next phase in wireless power is seeing it embedded into surfaces used for furnishing solutions,” said Ron Resnick, President of PMA. “DuPont has been driving innovation for decades in the area of advanced materials. DuPont’s Corian solid surface is a globally renowned premium ...

A new app can help you figure out what your closing costs will be on a real estate transaction. The app, created by Federal Title & Escrow company, is accurate within one-tenth of 1 percent on average, according to the company.

An old structure housing Coast Guard families on New York City’s Governors Island succumbed to 200 pounds of dynamite earlier this month, as the old building was demolished to make way for a park on Governors Island